Business & Finance · Subtopic
Investments, Shares & Crypto
683 fatawa from 9 South African Darul Iftas on Investments, Shares & Crypto, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Investments, Shares & Crypto fatawa — page 14 of 18
- Mufti Online26 Sep 2012
National saving & investments (premnium bonds)
Please can you just examine this way of investment: Name: National saving & investments (premnium bonds) it does not give interest but prizes. All…
Mufti Ebrahim Salejee - Ask Imaam16 Sep 2012
Question on Purchasing Shares
Mufti sahib, My company has provided free 10 shares to everyone living in India. This share was for the locked period of 1 year (2011-2012).I don’t…
- Ask Imaam13 Sep 2012
Is Share Marketing Trading Shari'ah Compliant?
My some friends are involved in share marketing trading, they also want me to join it too, and so can you please make me clear that is the money of…
Moulana Ismail Desai - Ask Imaam12 Sep 2012
I have a question about the Shariah-compliance of an online company that pools your money with other advertisers and shares the profits?
Aww, There is a program on the net, whereby you pay some money to buy advertising. This allows you to advertise your own business or website to…
Mawlana Sohail ibn Arif - Mufti Online2 Sep 2012
Zakaat on Redundant Stock
Can a person give out redundant stock as zakaat? I.e. He discharges his zakaat by giving out the redundant stock to zakaat recipients, hence…
Mufti Zakaria Makada - Mufti Online2 Sep 2012
Zakaat on Holiday Vouchers and Unique Cell Numbers
I purchase holiday vouchers at R20 each. I sell most by putting them on R1 auction and they sell at whatever price the auction closes. I do have a…
Mufti Zakaria Makada - Mufti Online2 Sep 2012
Zakaat on the cost price of trading stock or on the selling price?
Does one pay zakaat on the cost price of trading stock or on the selling price of the trading stock? E.g. I sell cars. I paid R10,000 for the car…
Mufti Zakaria Makada - Ask Imaam1 Sep 2012
1. Will it be ok if I bought shares with ppc who is a cement supplier. I am a hardware retailer, and I have been told that ppc shares have been performing well. 2. I am presently also engaged in the buying and selling of Kruger rands require advise as to whether I could also trade forex trading and selling dollars
1. Will it be ok if I bought shares with ppc who is a cement supplier. I am a hardware retailer, and I have been told that ppc shares have been…
Moulana Ismail Desai - Mufti Online1 Sep 2012
The Principle of Shari’ah in regard to Trading in Shares
Is share trading permissibile?
Mufti Zakaria Makada - Ask Imaam30 Aug 2012
Kindly let me know that does Islam permit us to work in investment bank company like Barklays investment bank and Namura INV B?
Assalamukum Hazrath . Kindly let me know that does Islam permits us to work in Investment bank company like Barcalys investment bank & Namura INV B…
Moulana Ismail Desai - Mufti Online28 Aug 2012
Investing in Online Companies
what about online jobs on the internet. Can we invest in any online company on the internet & get profit from it. www.zeekrewrs is a such company.…
Mufti Zakaria Makada - Ask Imaam16 Jul 2012
1. Are pension schemes permissible? 2. How to give Zakaat on this money? 3. Question on Zakaat on investment.
1. Are pension schemes/funds set by the company permissible? 2. How do you take out Zakaat on this money? You only get this money in your possession…
Moulana Ismail Desai - Mufti Online3 Jul 2012
Dealing in Shares and Interest from the Bank
1. I have purchased shares in a certain company a few years back. Is purchasing shares permissible? ? If not, what should I do? 2. I have an account…
Mufti Zakaria Makada - Mufti Online18 Jun 2012
Zakaat on Stock for Trade
1. How does one calculate (cost, selling price) Zakaah on Stock for trade? 2. Can one give stock as Zakah? Are they any conditions? 3. Can one give…
Mufti Ebrahim Salejee - Mufti Online13 Jun 2012
Investing Money in the Banks
I have a question about investing money in the Bank. Few banks are offering me to open a monthly saving account. They are promising me a profit of…
Mufti Zakaria Makada - Ask Imaam23 May 2012
Is investing with a specified profit in return permissible?
I have a question in regards to business dealings. A brother wants to invest '(for example $5000) in a business, and the one receiving the $5000…
Faisal bin Abdul Hameed - Ask Imaam28 Mar 2012
Is an investment with only profit sharing permissible? How about investment with limited loss sharing?
Q1. If I take 100,000 with contract that 20% profit will be given for 1 month, if loss happen in business, your 100,000 will be given. Is it riba?…
Mawlana Faisal bin Abdul Hameed - Ask Imaam9 Mar 2012
Is it permissible to pick up goods with a fork lift? Is it permissible to stock non- Halaal items on the shelves of a supermarket?
I work in a warehouse where I drive a fork lift and pick up non- Halaal items such as pork, ham, gelatin e.t.c. I pick them up from a storage area…
Ismail Desai - Ask Imaam9 Mar 2012
"Islamic" Investment Banking, buying and selling.
1) I asked this question before but never got a response or confirmation email, so I’ll ask again. It has to do with "Islamic" Investment Banking. I…
Mawlana Mohammed Patel - Mufti Online8 Mar 2012
Zakaat on Milk Produced or Offspring Of Livestock
Is zakaat fardh on the milk produced or offspring born from livestock?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Nisaab of Camels
What is the Nisaab amount for Camels?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Nisaab of Cattle
What is the Nisaab amount for Cattle?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Nisaab of Sheep and Goats
What is the Nisaab for sheep and goats?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on livestock not purchased for resale
Is zakaat fardh on cows, camels, goats and sheep which are not purchased with the intention of resale?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on livestock purchased for resale
Is zakaat fardh on cows, camels, goats and sheep which are purchased with the intention of resale?
Mufti Zakaria Makada - Mufti Online7 Mar 2012
Zakaat on Eggs
Is zakaat fardh upon the eggs laid by poultry?
Mufti Zakaria Makada - Mufti Online6 Mar 2012
Intending Aqeeqah in a Qurbaani animal
Will the qurbaani of all the shareholders be valid if one shareholder does not intend qurbaani but intends aqeeqah?
Mufti Zakaria Makada - Mufti Online6 Mar 2012
One shareholder only intending the meat of the Qurbaani animal
Will the Qurbaani of all the shareholders be valid if one shareholder does not intend Qurbaani and only intends the meat?
Mufti Zakaria Makada - Mufti Online6 Mar 2012
Owning a share in a Qurbaani animal
Will the qurbaani of all the shareholders be valid if any shareholder’s share is less than one-seventh?
Mufti Zakaria Makada - Mufti Online6 Mar 2012
Number of shares in a Qurbaani animal
How many shares are there in a buffalo, cow, ox or camel?
Mufti Zakaria Makada - Mufti Online29 Feb 2012
How many shares in a Cow or Camel for Qurbaani?
I would like to know where the method of devising shares in an animal for qurbani has its origins, that is one share in a sheep and seven shares in…
Mufti Ebrahim Salejee - Mufti Online21 Feb 2012
Shares in Qurbaani
Why qurbaani is performed in odd numbers rather than even, such as seven shares for a cow and one share for a goat? Why not six shares for a cow or…
Mufti Ebrahim Salejee - Mufti Online21 Feb 2012
Zakaat on Medication for Dispensing Purposes
Is zakaat fardh upon the medication which the doctor administers to his patients or dispenses to them?
Mufti Zakaria Makada - Ask Imaam13 Feb 2012
Is it permissible to rent a property to one who sells cigarettes? Can I have shares in a cigarette manufacturing company? Can I sell cigarettes?
I have come across 2 contradictory answers on the website. I would like to know if it is permissible to sell cigarettes. I searched “selling…
Mawlana Faraz ibn Adam - Mufti Online13 Feb 2012
Stipulating the profits in proportion to the investment
I would be grateful if you can guide me through my problem. I am currently staying in the UAE (United Arab Emirates) and supporting my family…
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Goods which one has not yet Received
Zaid purchased a consignment of goods from Pakistan with the intention of resale. The goods were thereafter shipped to South Africa. The shipment…
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Redundant Stock
Is zakaat fardh on redundant stock?
Mufti Zakaria Makada - Mufti Online8 Feb 2012
Zakaat on Goods
Is zakaat compulsory on goods?
Mufti Zakaria Makada - Ask Imaam26 Oct 2011
Is it permissible to work as an IT technician for an Investment bank?
Is it allowed to work in an investment bank? my field is IT helpdesk. I am in a steady job but looking to move and would like to know whether I…
Mawlana Faraz Ibn Adam - Ask Imaam22 Sep 2011
Is Zakat paid at cost price of the stock or at selling price?
Most businessmen I know pay Zakat on stock in trade at cost price, not selling price.Please confirm which is the correct value to be used?
Mufti Hussein Issa
Read-only index of fatawa already published by South African Darul Iftas, each linked to its original. Not a fatwa service — for your own situation, ask the issuing Darul Ifta.